[State Administration of Foreign Exchange: Crack Down on Illegal Cross-Border Financial Activities] Odaily Planet Daily reports that Zhu Hexin, Secretary of the Party Leadership Group and Director of the State Administration of Foreign Exchange (SAFE), chaired a Party Leadership Group meeting on October 30, 2026, to convey and study the important speech and spirit of the Fifth Plenary Session of the 20th CPC Central Committee delivered by General Secretary Xi Jinping, and to plan and deploy implementation work. Members of the SAFE Party Leadership Group attended the meeting. The meeting demanded resolute implementation of the major decisions and deployments of the CPC Central Committee. It stressed the need to earnestly implement the requirements of the 15th Five-Year Plan, improve a more convenient, open, secure, and intelligent foreign exchange management system and mechanism, promote in-depth reform and high-level opening up in the foreign exchange field, focus on the "five major tasks" of finance, maintain the stability of the foreign exchange market and national economic and financial security, crack down on illegal cross-border financial activities, strengthen the capacity building for foreign exchange reserve management, and earnestly follow the path of financial development with Chinese characteristics.